Solar Development Company

Solar3K is solar development company located in the Dallas, TX
region. Our company was created to provide Cost Effective Solar
Power to our customers.

As a solar development company we manage the entire project
development process for our customers. We handle the important
aspects of financing. As private business we can utilize the 30%
federal income tax credit and Modified accelerated cost recovery
system (MACRS) decpreciation of solar assets. This helps us reduce
the overall cost of the project for the end user.

Power Purchase Agreement (PPA)

Solar power system build via Power Purchase Agreements (PPA) are
usually lower than utility rates. PPA are contracts that allow
customers to use 3rd Party Solar Developer to build and maintian
solar power system. The developer will finance the construction of
the the system and hire a solar installer to build the system. Then
the developer will sell the output power generated by the system
back to customers at kWh rate.

Since the kWh rate is usually lower than the rate charged by
utilities, the customer will save money over the long run. PPA
agreement usually last from 20 to 30 years. The solar panels have 25
year warranties but solar panels often last over 40 years. The
savings provided by the solar power system over the lifetime can be
significant to an organization.